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New York

No condos at the Empire Hotel

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For two years now, the owners of the Empire Hotel have been working to convert the “dowdy building” across from Lincoln Center into a 125-unit condo complex. But now, with the condo market softening and the hotel market soaring, the Chetrit Group has changed its plans and now says the Empire will reopen as a 440-room upscale hotel. more [Crain’s]